Ripple valued at $50 billion after $750 million share buyback
Correction: This article was corrected on March 12. A previous version of the article said that Ripple’s November funding round was backed by Citadel Securities and Fortress Investment Group, but…
Exxon, Chevron, and other US oil and gas producers and refiners hit all-time-high stock values amid Iran war while consumers pay the price
The average price of a gallon of regular unleaded gasoline is above $3.60 and rising in the U.S.—up 32% since its January low—but that’s nothing compared to the Asian nations…
The AI productivity paradox: More work, not less
Tasks that once took six hours now take less than one. A two-week process can sometimes be finished in an afternoon.But workers aren’t getting their time back.Instead, executives say companies…
Google’s AI overviews are 44% more likely to trash your brand than ChatGPT
AI chatbots and search engines are sometimes negative about brands, and the end result—while arguably good for the end consumer—is a wake-up call for companies.BrightEdge CEO Jim Yu told Fortune…
Google and Tesla know electricity is expensive. They’re teaming up to bring you an alternative.
If it seems like your electricity bill is higher than it’s ever been, you’re probably right. Underutilization is a problem for companies like Google and Tesla, both of which are deeply…
Fertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting
U.S. farmers, who have spent the last year grappling with tariff shocks and shrinking margins, now face another blow to their operations.“You’ve got the usual tension, you’ve got the added…
Most small businesses can’t afford a full-time finance chief. So Mastercard is debuting a ‘virtual CFO’ built with AI
Large companies can rely on in-house finance chiefs for strategic guidance. Many small business owners, by contrast, must make CFO-level decisions on their own. Mastercard is betting a new “Virtual…
Jensen Huang runs the world’s most valuable chip company. His bonus is $4 Million—if he’s lucky
For some, a $4 million bonus would be life-changing. But for Huang, it’s a drop in the bucket at just 0.26% of his net worth. And he won’t even get the…
To unlock employee effort, don’t overlook the person holding the wrench
In an uneven economic climate where myriad factors have made change the only constant, one message to employees seems universal across business leaders: Do better. Leaders expect employees to produce more,…
Forget basketball. Next week’s Nvidia GTC is the real March Madness for AI
For the past two years, I’ve headed to San Jose for what has become far more than a gathering of the Nvidia faithful. It has evolved into a highly-anticipated moment…
